French poultry group sells petfood production plant in Germany

Petfood plant considered non-strategic by Doux group

The â‚¬22 million (US$27.3 million) sale was made because the Stanven, Germany, petfood plant was considered non-strategic. The sale will bring Doux, which has currently suspended all payments to creditors and is in talks with potential buyers in an effort to save the company, a net income of â‚¬19 million (US$23.6 million).